Casagrand Premier Builder Limited is an Indian real estate developer headquartered in Chennai, Tamil Nadu, established in 2003. From its first project — Casagrand Srishti in Thiruvanmiyur in 2004 — the company has expanded steadily across South Chennai's growth corridors. Today, Casagrand Premier Builder has evolved into Chennai's largest residential real estate developer, commanding nearly 25% of the market in terms of project launches and around 18% in terms of demand between 2017 and mid-2025, according to a CBRE report. As of June 30, 2025, the company has completed 103 projects, has 57 ongoing, and 21 forthcoming, together covering a total saleable area of nearly 90 million square feet.
The company is known for its mid-income and affordable housing portfolio, and has expanded its footprint across Bengaluru, Hyderabad, and Coimbatore, establishing itself as a major South Indian residential brand. CRISIL Ratings has assigned a 'CRISIL A-/Stable' rating to the long-term bank facilities of Casagrand Premier Builder Limited, reflecting its established track record in residential real estate development in Chennai and healthy bookings and customer advances for ongoing projects.
Kelambakkam sits within a zone that Casagrand has worked systematically over the years. The company's projects span numerous South Chennai localities including Kelambakkam, Navalur, Siruseri, Sholinganallur, Medavakkam, Pallavaram, Tambaram, Thaiyur, and more. In Kelambakkam specifically, the developer has delivered multiple residential communities — including the completed Casagrand Southbrooke — and continues to build on that footprint with its current offering, Casagrand Selenia.
Kelambakkam is strategically positioned between Old Mahabalipuram Road (OMR) and East Coast Road (ECR), playing a vital role in connecting the city's technology-driven employment corridor with its premium coastal residential belt. Kelambakkam acts as a junction point connecting OMR, ECR, and GST Road — a convergence that gives residents access to three of Chennai's most significant arterial roads from a single residential base.
For a Casagrand buyer, the employment calculus is straightforward. Because of its proximity to various employment-generating avenues like SIPCOT IT Park, the Old Mahabalipuram Road corridor, Pacifica Techno Park, and ETA Technopark, Kelambakkam has received tremendous economic growth in the last few years. OMR attracts IT professionals with its tech parks and gated developments, and Kelambakkam sits at its southern end — close enough to participate in that demand without carrying the premium pricing of Sholinganallur or Perungudi further north.
As land becomes scarce and expensive in OMR and ECR, Kelambakkam offers more affordable options with similar access, driving strong buyer interest. That relative value is reflected in transaction data: flat rates in Kelambakkam changed by 12.4% in the last one year and 29.8% in the last 10 years. Price appreciation was notably witnessed in micro-markets including Kelambakkam, as stated in the Knight Frank Residential Report H2 2024.
Infrastructure investment continues to underpin that trajectory. Chennai Metro Phase II is underway, with driverless trains to be deployed across Corridor 4, enhancing connectivity across 26.1 km and 27 stations. Upcoming infrastructure projects in Chennai also include the 133 km 6-lane Peripheral Ring Road, the Bangalore-Chennai Expressway NE7, and the newly announced Global City near Chennai spread over 2,000 acres. Kelambakkam's position — connecting OMR to ECR and onward to GST Road — means it benefits from multiple infrastructure vectors simultaneously.
Social infrastructure is well-established. Notable schools in the vicinity include Mount Litera Zee School, JS Global School, Sangford School, and APL Global School. Healthcare options include Apollo Multi Speciality Hospital, ASTRA Speciality Hospital, Swaram Hospital, and Good Life Hospital. Shopping options include Vivira Mall, BSR Mall, BMR Mall, and The Marina Mall.
Casagrand's most visible active project in Kelambakkam is Casagrand Selenia — a departure from the apartment communities the developer has historically delivered in this belt. RERA number TN/35/Building/0345/2024, registered with www.rera.tn.gov.in, covers 221 ultra-spacious 3 BHK villas set across 17.06 acres, with 11 acres of open space featuring a 30,000 sq ft Bali-styled landscape.
The project is priced from ₹1.72 crore to ₹1.81 crore for 3 BHK row villas, and serves locations including Navalur, Siruseri, Padur, Thiruporur, Kovalam, Vandalur, and Mahabalipuram. Villa sizes range from 2,469 to 2,679 sq ft across two configurations. The unit absorption underscores demand: of 221 total units, 204 had been sold at the time of the latest update, with 17 available.
The 11,000 sq ft grand clubhouse carries both indoor and terrace amenities, with 90+ amenities for residents of all age groups, and the project sits just 5 minutes from Kelambakkam Junction and 10 minutes from Siruseri. The architectural language fuses contemporary elevation with brick wall cladding, large French windows, and Balinese landscape design, including a main entrance archway with a water feature.
The clubhouse at Selenia is notably programmed: it features five-star interiors with a grand double-height lobby, a multipurpose party hall, exclusive guest rooms, and a spa and salon with dedicated steam and massage rooms. Active amenities include a gym and aerial yoga studio with CrossFit nook and TRX training, indoor kids play, a crèche, a LEGO area, interactive wall games, a gaming arcade with VR gaming, a rooftop party lawn with barbecue counter, a sky cinema, and a star-gazing deck.
The project's location is connected to two of the area's most prominent roads — Vandalur Kelambakkam Road and Rajiv Gandhi Salai — making it easily accessible. Proximity landmarks include Milton International School at 3 minutes, Hindustan University at 10 minutes, Siruseri IT Park at 5 minutes, and Chettinad Hospital at 10 minutes.
Selenia is not Casagrand's introduction to Kelambakkam. The developer previously delivered Casagrand Southbrooke in the same locality — a gated community of premium 2 BHK apartments with modern architecture, spacious layouts, and high-quality finishes, providing easy access to IT hubs, educational institutions, and healthcare facilities. Casagrand Southbrooke recorded approximately 76 transactions in the last one year — the highest in the Kelambakkam area — suggesting that the developer's Kelambakkam inventory holds sustained resale liquidity, not just launch interest.
The developer has also been active in adjacent localities. Casagrand Selenia in Kelambakkam offers modern 3 BHK individual houses along with a swimming pool, gym, children's play area, and community hall, with convenient location ensuring easy access to the IT corridor and educational institutions. Along the wider OMR corridor, Casagrand launched Casagrand HolaChennai in May 2024, a 30-acre township in Sholinganallur with 1,818 homes — indicating the scale at which the developer continues to commit to the southern Chennai residential story.
Casagrand Premier Builder Limited's move toward a public listing adds a layer of corporate transparency rarely associated with South Indian residential developers. The company re-filed its IPO DRHP with SEBI on 24 December 2025, marking its third filing in three years. The IPO comprises a fresh issue of ₹1,200 crore and an OFS of up to ₹20 crore by its promoters. For a buyer assessing developer credibility — particularly in a pre-delivery context — the SEBI scrutiny that accompanies repeated DRHP filings functions as an additional layer of disclosure: financials, project pipelines, and delivery track records become part of the public record.
Casagrand Premier Builder Limited generated more than ₹1,000 crore in revenue for the financial year ending March 31, 2025. With a pipeline of over 89 million sq ft and growing diversification into warehousing and commercial real estate, the company stands as one of South India's most-watched real estate entities heading into 2026.
A Casagrand buyer choosing Kelambakkam is making a specific trade: lower entry prices relative to Sholinganallur or Navalur, combined with proximity to the same SIPCOT-OMR employment spine, with road connectivity to both ECR and GST Road. Suburbs such as Kelambakkam are transitioning from affordable to early mid-segment pricing — meaning buyers entering now are ahead of the repricing curve.
South Chennai continued to lead sales growth in 2024, accounting for 57% of total sales, with key micro-markets such as Kelambakkam experiencing 5% to 12% price growth. Within that context, Casagrand's villa-format product at Selenia — three bedrooms, private outdoor space, and a Balinese-landscaped gated community — addresses a buyer segment that has been underserved by the apartment-heavy supply that has historically defined this stretch of the OMR fringe.
